Our banking system is best weapon against Russia

7:31 PM,
Mar. 11, 2014

Michael Hicks, Bureau of Business Research

Written by

Michael Hicks
Guest Opinion

The Soviet, er ... I mean Russian, invasion of Ukraine offers a nice reminder of John F. Kennedy's old dictum that domestic policy can defeat us, but foreign policy can get us killed. As we pay higher gasoline prices this weekend we ought to think about the world as it is and our options.

The 70 years of Soviet control saw the sprinkling of ethnic Russians throughout the empire, including Ukraine, as a method of homogenizing the socialist republic, which is why many Ukrainian citizens are sympathetic to Russia. This is a poisonous admixture that should remind us of the Balkans. Adding armed ...